“Focus will more be on the tariff increases that may come in the industry from the telecom business as well as the reactions and initial reports of the Jio Next phone in terms of how well it is received. Those will be the triggers for the next six months.â€
As of 30-Sep-2021, promoters held 54.92 per cent stake in the company, while FIIs held 17.83 per cent and domestic institutional investors had 0.13 per cent.
The Nifty Pharma index was trading 1.39 per cent down at 13293.6.
The stock quoted a 52-week high price of Rs 430.25 and a 52-week low of Rs 259.4.
The risk-off mood in global markets may gather strength on fresh Covid cases in Europe and lockdowns in countries like Austria. The dollar index rising above 96 is another concern while the decline in crude is a positive for India.
Asahi India Glass Ltd. key Products/Revenue Segments include Glass Materials, Other Operating Revenue, Sale of services for the year ending 31-Mar-2021.
“Bharti Airtel has always maintained that the mobile Average Revenue Per User (ARPU) needs to be at Rs 200 and ultimately at Rs 300, so as to provide a reasonable return on capital that allows for a financially healthy business model,†said the telco in an early morning statement on Monday.
The changing nature of the business portfolio has prompted Reliance and Saudi Aramco to mutually determine that it would benefit both parties to undertake a re-evaluation of the planned investment in the O2C (oil-to-chemical) business, the Indian conglomerate announced late Friday.
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 213484.52 Crore).
A total of 1,217 shares changed hands on the counter till 10:46AM (IST).
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